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Category Archives: Tucson Real Estate news
Tucson luxury housing mkt. July 2010
As of July 2010 active luxury inventory was 338, a 23% decrease from July 2009. There were 7 luxury closings in July 2010, 36% below July 2009. Luxury months of Inventory was 48.3, up from 39.9 in July 2009. Median price of luxury sold homes was $915,000 for the month of July 2010, down 33% from July 2009. There were 15 new luxury properties under contract in July 2010, down 6% from July 2009.
Tucson main mkt. July 2010
As of July 2010 active inventory was 7,047, a 14% increase from July 2009. There were 792 closings in July 2010, 32% below July 2009. Months of Inventory was 8.9, up from 5.4 in July 2009. Median price of sold homes was $150,000 for the month of July 2010, down 11% from July 2009. There were 1,296 new properties under contract in July 2010, up 21% from July 2009.
Foothills housing market July 2010
As of July 2010 active inventory was 713, virtually unchanged from July 2009. There were 70 closings in July 2010, 23% below July 2009. Months of Inventory was 10.2, up from 7.9 in July 2009. Median price of sold homes was $360,350 for the month of July 2010, down 9% from July 2009. There were 95 new properties under contract in July 2010, up 23% from July 2009 Continue reading